Valuation Officer at Equity Bank Tanzania

Apply for the Valuation Officer position at Equity Bank Tanzania in Dar es Salaam. Submit your application before 2 October 2026.

Equity Bank Tanzania is inviting applications from qualified professionals for the position of Valuation Officer in Dar es Salaam. The role focuses on reviewing and managing property and other collateral valuations used to support lending decisions, while ensuring that valuation reports meet the Bank’s requirements and applicable regulatory standards.

The successful candidate will work closely with Credit, Risk, Legal, Business Banking, Corporate Banking, Operations, external valuers, and other stakeholders. The position also involves property inspections, market research, collateral monitoring, valuation risk identification, and maintaining accurate valuation records.

Why Work with Equity Bank Tanzania?

• Work within a banking environment focused on credit and collateral management.
• Gain experience in property valuation and financial risk management.
• Collaborate with professionals across Credit, Risk, Legal, and Banking functions.
• Participate in property market research and valuation-related industry activities.
• Develop expertise in collateral assessment and banking regulatory compliance.

Job Overview

Position: Valuation Officer

Company: Equity Bank Tanzania

Location: Dar es Salaam, Tanzania

Employment Type: Full-Time

Salary: Negotiable

Application Deadline: 2 October 2026

Responsibilities

• Review and validate valuation reports prepared by external valuers.
• Ensure valuation reports are accurate, complete, reasonable, and compliant with Bank requirements.
• Ensure collateral valuations remain current according to Bank policies and regulatory requirements.
• Assess collateral values and security coverage ratios for credit facilities.
• Evaluate the impact of collateral releases, substitutions, and discharges on security coverage.
• Conduct internal verification of customer collateral valued by independent professional valuers.
• Ensure valuation reports follow approved methodologies, banking standards, and regulatory requirements.
• Conduct periodic inspections of mortgaged properties.
• Verify the existence, condition, occupancy, usage, and other relevant characteristics of mortgaged properties.
• Conduct quarterly site visits and prepare inspection reports.
• Monitor property market conditions and changes that could affect collateral values.
• Recommend revaluations where significant property or market changes are identified.
• Maintain an updated valuation tracker and circulate it to relevant stakeholders.
• Track valuation expiry dates and initiate revaluation processes at least 45 days before expiry.
• Maintain proper custody and filing of valuation reports and supporting documents.
• Coordinate valuation instructions and engagement letters for external valuers.
• Monitor external valuation firms against agreed Service Level Agreements.
• Maintain professional relationships with approved valuation service providers.
• Monitor valuation turnaround times and report service delivery issues.
• Conduct research and analysis of real estate markets and property industry developments.
• Monitor economic conditions, regulatory changes, and market trends affecting property values and lending risks.
• Participate in property and valuation forums, conferences, and professional engagements.
• Prepare market intelligence reports and valuation insights for management.
• Work closely with Credit, Risk, Legal, Business Banking, Corporate Banking, Operations, and other stakeholders.
• Provide guidance on collateral assessment and valuation matters.
• Respond to valuation-related requests from internal and external stakeholders.
• Ensure compliance with Bank credit policies, valuation procedures, and risk management frameworks.
• Ensure compliance with Bank of Tanzania Prudential Regulations, local government by-laws, and other applicable requirements.
• Identify and escalate valuation risks, discrepancies, and exceptions that could expose the Bank to credit losses.
• Support internal and external audits by providing valuation records and documentation.
• Maintain operational risk controls and governance standards.
• Prepare periodic reports covering valuation status, revaluations, property inspections, expired valuations, SLA performance, and market trends.
• Report valuation concerns and emerging property market risks to management.
• Perform other duties assigned by management.

Qualifications Required

• Strong knowledge of property valuation principles and practices.
• Understanding of banking credit processes and collateral management.
• Knowledge of Bank of Tanzania Prudential Guidelines and lending regulations.
• Ability to analyze valuation reports and assess collateral risks.
• Strong analytical and report-writing skills.
• Excellent stakeholder management and communication skills.
• High attention to detail and accuracy.
• Strong planning, organization, and coordination skills.
• Proficiency in Microsoft Office applications and valuation tracking systems.
• Ability to conduct property inspections and market analysis.
• Strong analytical thinking and problem-solving skills.
• High level of risk awareness and compliance orientation.
• Strong customer focus and relationship management skills.
• Integrity and professional ethics.
• Good planning and organizational abilities.
• Results-oriented approach and accountability.
• Strong awareness of property market developments.

How to Apply

Applicants should prepare their application documents and submit them by email.

• Prepare a cover letter.
• Prepare a detailed CV/resume.
• Attach copies of relevant certificates and testimonials.
• Combine all documents into one PDF file.
• Include the respective Job Title or Reference Number in the email subject.
• Send the completed application to [email protected].
• Submit the application before 2 October 2026.

This Valuation Officer position provides an opportunity for a property valuation professional to apply technical valuation knowledge within a banking environment, particularly in collateral assessment, credit risk support, property inspections, and real estate market analysis.